LMAX
Hamilton Healthcare Yield Maximizer ETF

Full LMAX fund page
VS
ZXLV
BMO SPDR Health Care Select Sector Index ETF

Full ZXLV fund page

Hamilton Healthcare Yield Maximizer ETF (LMAX) and BMO SPDR Health Care Select Sector Index ETF (ZXLV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that LMAX focuses its top 3 sector exposures on Healthcare and Consumer Non-Cyclicals, while ZXLV leans towards Healthcare and Consumer Non-Cyclicals. When evaluating costs, LMAX features a management fee (MER) of 0.65%, compared to 0.21% for ZXLV. Performance-wise, LMAX has returned 4.77% year-to-date with +$71 M in net flows, whereas ZXLV is at 9.03% with +$24 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-2.0-1.00.01.02.03.0%Aug 10Aug 17Aug 24Aug 31Sep 8

Key Data

Historical performance and flows

As of September 9, 2026
1M3MYTD1Y3Y
Perf.
LMAX
-2.38%+5.40%+4.77%+13.67%-
ZXLV
-2.03%+7.09%+9.03%+21.47%-
Flows
LMAX
+$5 M+$16 M+$71 M+$85 M-
ZXLV
-$5 M+$17 M+$24 M+$35 M-

LMAX vs ZXLV exposure

Countries

LMAX
USA
95.96%
ZXLV
USA
97.53%

Sectors

LMAX
Healthcare
94.79%
ZXLV
Healthcare
97.51%
As of September 9, 2026

Top 10 Holdings

LMAX
AbbVie, Inc.
5.92%
CVS Health Corp.
5.89%
UnitedHealth Group, Inc.
5.86%
Eli Lilly & Co.
5.77%
Thermo Fisher Scientific, Inc.
5.75%
Bristol Myers Squibb Co.
5.50%
Amgen, Inc.
5.25%
Johnson & Johnson
5.21%
Merck & Co., Inc.
5.20%
Abbott Laboratories
5.09%
ZXLV
Eli Lilly & Co.
15.48%
Johnson & Johnson
10.51%
AbbVie, Inc.
7.55%
UnitedHealth Group, Inc.
6.41%
Merck & Co., Inc.
5.48%
Thermo Fisher Scientific, Inc.
3.64%
Amgen, Inc.
3.54%
Abbott Laboratories
3.14%
Gilead Sciences, Inc.
2.75%
Pfizer Inc.
2.43%

Diversification

LMAX
Total weight of top 10 holdings out of 20 total
55.45%
ZXLV
Total weight of top 10 holdings out of 59 total
60.94%

Characteristics

Compare
LMAX
ZXLV
ProviderHamilton ETFsBMO
ManagementActively managedPassively managed
Benchmark-S&P Health Care Select Sector Total Return Index - USD
Replication Method
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield12.50%0.46%
Meets ESG criteriaNoNo
Inception DateFebruary 6, 2024February 2, 2025

Frequently asked questions about LMAX and ZXLV

Which ETF has performed better year to date: LMAX or ZXLV?
As of September 9, 2026, LMAX has returned 4.77% year to date, while ZXLV has returned 9.03%. ZXLV is ahead on YTD performance.
Which ETF is larger by assets under management: LMAX or ZXLV?
As of September 9, 2026, LMAX manages $226.66 M in assets, while ZXLV manages $39.97 M. LMAX is the larger fund by AUM.
How are LMAX and ZXLV managed?
LMAX is actively managed by Hamilton ETFs. It does not track an index. ZXLV is passively managed by BMO. It tracks the S&P Health Care Select Sector Total Return Index - USD benchmark.
What sectors do LMAX and ZXLV emphasize?
LMAX is most exposed to Healthcare and Consumer Non-Cyclicals. ZXLV is most exposed to Healthcare and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: LMAX or ZXLV?
Year to date, LMAX has seen +$71.11 M in net flows, compared with +$23.63 M for ZXLV. LMAX has attracted more net investor money so far.
How do the fees of LMAX and ZXLV compare?
LMAX has an expense ratio of 0.80%, while ZXLV has an expense ratio of 0.21%.
What are the top holdings of LMAX and ZXLV?
LMAX's largest holdings include AbbVie, Inc., CVS Health Corp., and UnitedHealth Group, Inc.. ZXLV's top holdings include Eli Lilly & Co., Johnson & Johnson, and AbbVie, Inc..
Which ETF is more diversified: LMAX or ZXLV?
LMAX holds 20 securities, while ZXLV holds 59. On holdings count, ZXLV is the more diversified portfolio.

Recent articles about LMAX and ZXLV

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